Smart grid venture capital (VC) funding in Q1 2013, totaled $62 million in nine deals. The quarter’s funding was nearly identical to the first quarter of 2012, when the same amount was raised by smart grid companies but in 10 deals instead of nine. With the lone exception of home security and automation company, Alarm.com’s $136 million raise in Q3 2012, the pace of funding has remained largely unchanged for the past five quarters.